Minnesota electricity prices, May 2025
Average price, sales and bills for the month against the same month a year earlier and the US. Preliminary
In May 2025, residential customers in Minnesota paid an average of 15.84¢ per kilowatthour, little changed on the same month a year earlier (15.86¢). The US average for the month was 17.37¢; Minnesota was 8.8% below that. It ranked 24th highest among the 50 states and the District of Columbia.
Residential sales were 1,611,000 MWh, up 6.0% on a year earlier, and the average residential bill for the month was $97.66 on 617 kWh. Weather moves monthly sales far more than prices do, so bills swing with the season.
EIA marks this month as preliminary. Preliminary months come from the Form EIA-861M sample and are revised when the annual census is complete.
Average price is revenue divided by sales for the sector and year; it is not a tariff rate. Reliability figures are as reported by utilities to EIA on Form 861 and may use different calculation methods. Monthly figures come from the Form EIA-861M sample and are revised when EIA finalises the year.
Price by sector
| Sector | May 2025 | May 2024 | Change | US, May 2025 |
|---|---|---|---|---|
| Residential | 15.84¢ | 15.86¢ | -0.1% | 17.37¢ |
| Commercial | 12.31¢ | 12.23¢ | +0.7% | 12.93¢ |
| Industrial | 9.44¢ | 9.29¢ | +1.6% | 8.29¢ |
| All sectors | 12.55¢ | 12.34¢ | +1.7% | 13.13¢ |
Sales and customers
| Measure | May 2025 | May 2024 | Change |
|---|---|---|---|
| Residential sales | 1.6 TWh | 1.5 TWh | +6.0% |
| Sales, all sectors | 5 TWh | 5 TWh | -0.6% |
| Residential customers | 2,612,642 | 2,582,254 | +1.2% |
| Average residential bill | $97.66 | $93.40 | +4.6% |
| Average residential use, kWh | 617 | 589 | +4.8% |
| US residential price | 17.37¢ | 16.40¢ | +5.9% |
The two years to May 2025
Minnesota residentialUS residential
Questions and answers
What was the average electricity price in Minnesota in May 2025?
15.84¢ per kilowatthour for residential customers, 12.31¢ for commercial and 9.44¢ for industrial customers. EIA marks the month as preliminary.
How does that compare with a year earlier?
The residential average was 15.86¢ in May 2024, a change of -0.1%. Residential sales changed by +6.0% over the same period.
What was the average residential bill that month?
$97.66, on average use of 617 kWh. This is residential revenue divided by residential customers for the month.
Provenance
Source: U.S. Energy Information Administration, Form EIA-861M sales and revenue workbook (state by sector and month), status "Preliminary" for this month, series published through July 2026. Public domain. Price = revenue ÷ sales; bill = residential revenue ÷ residential customers. Utility-level annual figures are on the Minnesota page.